Cargo Connection Logistics (fka CRGO)

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notice the people (mark cuban / Chris Carey) that wrote the shareslueth piece that included CRGO and many other stocks that got financing from Cornell, and that astutely picked up on the UTEK connection, - shorts these stocks. Mark Cuban has a pulpit, and when he does a piece on a stock, it tanks. Of course he shorts it first, lol

from wickedpedia...
In July 2006, Cuban financed Sharesleuth.com,[34] a web site created by former St. Louis Post-Dispatch investigative reporter Christopher Carey to uncover fraud and misinformation in publicly traded companies. Experimenting with a new business model for making online journalism financially viable, Cuban disclosed he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication. Business and legal analysts questioned the appropriateness of shorting a stock prior to making public pronouncements which are likely to result in losses in that stock's value. Cuban insisted that the practice is legal in view of full disclosure.[35][36][37]

Just because he listed CRGO as one of these companies doesn't mean the company is scammy. I think CRGO was duped by ChampionLyte management and Cornell, that Cornell was a good way to raise financing. Mr. Dobrinsky learned the hard way. That Cornell basically is a hard money lender that expects great returns and quickly on it money. The list of companies that they have put under is long indeed. ( see #board-9964 ) Sure there are scammy companies that love Cornell's cash and could care less what happens to their pps - but I sincerely doubt CRGO is one of them.

That Pacer PR on Monday should give longs hope that this is going to be friendly and helpful to cargo logistics. Its the first we've heard publicly of their intentions. They sure didn't spell any of that out in the 8-k filing.

That Mark Cuban shareslueth.com piece is not spooking me.

Case in point. What happened to CFSG on march 10th. I'll tell you what happened Mark Cuban covered his shorts, lol. (actually its not funny) CFSG is still headlined today on the front page of http://sharesleuth.com

Can you say market manipulation! He caused many CFSG longs to loose their shirts.